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ā¢ PCBL has received board approval for the acquisition of 100% stake in Aquapharm Chemicals for an aggregate consideration of Rs 3,800 crore.
ā¢ The deal is subject to approval from the Competition Commission of India and other customary related filings and approvals.
ā¢ Research firm DAM Capital has maintained a 'buy' rating on the stock with a target at Rs 293 per share.